Leadership Group for Industry Transition (LeadIT 3.0)

Why in News?

Union Minister for Environment, Forest and Climate Change Bhupender Yadav chaired an interaction with Indian member companies of the Leadership Group for Industry Transition (LeadIT) and its project partners in New Delhi.

The Minister highlighted that LeadIT 3.0 will be an implementation-oriented platform aimed at translating climate ambitions into tangible outcomes through collaboration among governments, industries and academia.

About LeadIT

• Full name: Leadership Group for Industry Transition.
• Launched: 2019, at the UN Climate Action Summit in New York.
• Founding countries: India and Sweden.
• Supporting organisation: World Economic Forum (WEF).
• Nature: Public-private partnership.
• Membership: 19 countries and 33 companies.
• Objective: To accelerate the transition of energy-intensive industries towards low-carbon and sustainable production.

LeadIT 3.0

• The renewed mandate was announced by the Prime Ministers of India and Sweden in May 2026.
• The third phase, LeadIT 3.0, is scheduled to be launched on 17 November 2026.
• It will be launched jointly by the Indian Minister for Environment, Forest and Climate Change and the Swedish Ministry of Climate and Enterprise.
• Launch venue: LeadIT Industry Leaders Roundtable at COP31, Antalya, Türkiye.
• Focus: Implementation-oriented climate action and conversion of industrial decarbonisation commitments into measurable outcomes.

Source: PIB

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